Reviewing Penny Stock Research For The First Quarter Of 2015
Reviewing The First Quarter Of 2015 For Penny Stock Investors?
The start of 2015 was very exciting.
If you don’t recall, the Russell 2000 was trading around 1210 when we started the year… and January gave us bit of a surprise. Despite the New Year’s optimism, we ended the month slightly lower.
Then February showed up…
We strung together 13 winning days, and only 6 days lower in the month. That gave us a nice leg up.
So far, March has been a little bit of everything… first down… then up… then down again… and now at the end of the month (as I write this), we’re rallying! You can see all the activity in the chart…
Of course the charts are nothing without news… and the big news events were the plummeting oil prices and rally in the US Dollar.
So, what’s it all mean?
Quite simply the penny stock market is still in a solid uptrend. The market might take a breather here and there… but we haven’t seen any break of the 200-day moving average. Which is a great sign!
What Other Investors Are Saying About Penny Stocks…
One of the great things about having so many readers is, we can publish surveys and see what everyone is thinking.
One of the most telling surveys is the one we put up towards the beginning of the year..
(By the way – if you haven’t seen the newest survey, visit the Penny Stock Research website and let us know what you’re thinking.)
In the survey, we asked… What do you think will be the hottest performing industry in 2015?
We gave a few options: Utilities, Biotech, Gold & Silver, Technology, Healthcare, Energy, and Finance.
I’m curious. What do you think our readers picked as the hottest industry?
If you said Biotech – you are spot on.
Our readers picked this exciting market as the hottest of 2015… and is there any wonder why… the whole industry has been rocketing higher in the last year… just look at the biotech index…
Will biotech continue trudging higher… well it doesn’t look like it’s slowing down at all.
What other areas are hot for penny stocks?
Well, I see a few areas for the next quarter… Oil & Gas… and Gold.
Why?
As oil and gas prices stabilize and find a bottom, we’re sure to see a snap back rally in those smaller penny stocks.
The other is Gold.
With the US Dollar strengthening, we’re likely to see some early signs of inflation – and that could help stabilize the price of gold.
Are we 100% certain Q2 is when it will happen? Nope, of course not… but it’s something we need to keep our eyes on!
Any way you slice it… the next quarter is going to be an exciting one!
Good trading…
Brian Kent
Note: Brian Kent has been trading the markets for more than two decades and now writes and edits for PennyStockResearch.com. You can sign up for the penny stock research newsletter a trusted source for the truth about penny stocks! Sign up today and get a free research report – http://pennystockresearch.com/free-reports/.
Category: Penny Stocks to Watch
